In which of the following cases cost elasticity will be less-09445
In which of the following cases, cost elasticity will be less than one?
This multiple choice question (MCQ) is related to the book/course
vu eco404 Managerial Economics.
It can also be found in
vu eco404 Final Term - Quiz No.8.
In which of the following cases, cost elasticity will be less than one?
When percentage change in cost is less than the percentage change in output
When percentage change in cost is greater than the percentage change in output
When percentage change in cost is equal to the percentage change in output
When percentage change in cost is less than the percentage change in input
